accountant, goes an old joke, is someone who knows the cost
of everything and the value of nothing.
The G100, to which John D. Rossi III, assistant
professor of accounting, has just been named, would like to
change that image. This body of 100 CPAs, selected from the
different specialties of members of the American Institute
of Certified Public Accountants, suggests priorities and issues
of concern to the association and the accounting profession
as a whole.
If you think of accounting as a pick-up-the-pieces
procedure that takes place long after an event has cooled
off, Rossis latest article may change your mind. Published
in the Winter 2002 issue of the Pennsylvania CPA Journal,
its called Accounting for the Impact of Terrorism.
Rossi says: It examines the extreme complexity in separating
the direct financial and economic effects of the September
11 terrorist attack from the prevailing economic conditions
before the event.
Rossi, who directs the Personal Financial
Planning Certificate Program at Moravian, also was an advisor
to Karen Hansen Weese, assistant managing editor of Investment
Advisor magazine, whose cover story in July was on the
lack of minorities in the field of personal financial planning.
It was called Why So White? For a Profession that Preaches
Diversification, Financial Planning Is Awfully Monochromatic.
Rossi was quoted several times as the director of a Certified
Financial Planner Board of Standards-registered program.